Overall Score72 / 100The Wikilix trust rating of HSBC, out of 100, built from the five factors below.It holds a valid SFC AAA523 licence and 2 more, and our investigation found it appears legitimate.Regulation86%Identity98%Client terms50%Trading offer46%Service69%Score last calculated 2026/10/26
Good65 to 79. A solid record with minor gaps and no stop sign.Why: It holds a valid SFC AAA523 licence and 2 more, and our investigation found it appears legitimate.
72 out of 100 · 72% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
It holds a valid SFC AAA523 licence and 2 more, and our investigation found it appears legitimate.
We checked HSBC on 2026-10-26 across its regulation, company record, client terms, trading offer and service, and could verify 72% of its record. Its strongest valid licence is SFC AAA523, with 2 more valid. The score of 72 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it appears legitimate, with 27.7 years of track record. Its client terms have not been reviewed yet.
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
98out of 100
Excellent
Counts for 15% of the score100% checked
What we checked
Registry-verified entity100
Company registration verified on the registry · Oct 14, 2026Source
Verified age100
Verified track record 27.7 years · Oct 14, 2026
Transparency90
Scam check identity transparency 1/10 · Oct 14, 2026
Site integrity100
Website reachable and not redirecting · Oct 14, 2026Source
What this measures
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
50out of 100
Fair
Counts for 15% of the score13% checked
What we checked
Policy riskNot checked yet
No published policy review
Critical clausesNot checked yet
No published policy review
Withdrawal rails49
14 rail(s): 5 fee-free of 9 known, 6 instant of 14 known, minimum unknown · Oct 14, 2026Source
Language parityNot checked yet
No published policy review
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
46out of 100
Poor
Counts for 20% of the score30% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account type44
8 of 18 pricing cells filled across 6 account type(s) · Oct 14, 2026Source
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
Service
How do they treat clients?
69out of 100
Good
Counts for 15% of the score90% checked
What we checked
Fund-integrity complaints60
Scam check withdrawal complaints 4/10 · Oct 14, 2026
Support channels83
5 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Oct 14, 2026
Reputation footprint70
Scam check reputation 3/10 · Oct 14, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
Full Name:The Hongkong and Shanghai Banking Corporation Limited
Founded:1865
Headquarters:Hong Kong
Enterprise Offices:1offices
Customer Support
Phone:
+852 2233 3033
Live Chat:
24/7
Response Time:
—
Languages:
EnglishChinese (Simplified)+1
Scroll Down
Editorial review
Updated
Broker Summary
What Wikilix has recorded about HSBC: its history, the licences it holds, its trading conditions and its fees.
HSBC Broker Overview
HSBC is the banking and wealth brand of The Hongkong and Shanghai Banking Corporation Limited, a bank founded in Hong Kong in 1865 and incorporated there under company number 0263876. Its Hong Kong site is a full-service bank rather than a leveraged trading venue. Investing is done through an investment account opened alongside a banking relationship, and the tradable range is shares, unit trusts, bonds and certificates of deposit, structured products, warrants and CBBCs, new listings and gold.
Clients trade Hong Kong, United States and China A shares through HSBC's own apps and online banking. Standard online brokerage on Hong Kong stocks is 0.25% of the transaction amount, minimum HKD100, and two pricing programmes, HSBC Trade25 and HSBC Top Trader Club, reduce that substantially for younger investors and for high-volume traders.
HSBC does not offer retail forex or contract-for-difference trading in Hong Kong, and publishes no leverage cap, spread or execution model of the kind a margin broker would. A reader who has arrived from a forex comparison is looking at a different product.
HSBC Regulation and License
The operating company for the Hong Kong business is The Hongkong and Shanghai Banking Corporation Limited, incorporated in Hong Kong. Three licence entries are recorded for the broker:
Securities and Futures Commission, Hong Kong, licence number AAA523, for dealing in futures contracts.
Australia Securities and Investment Commission, licence number 232595, recorded in Australia as a straight-through-processing licence.
Labuan Financial Services Authority, Malaysia, a market-making licence for which no number is recorded.
The Securities and Futures Commission is Hong Kong's statutory securities regulator and the authority relevant to the investment service described here. The Australian and Labuan entries belong to other parts of the group and do not govern an account opened in Hong Kong. The Hong Kong company number above is a corporate registration, which is a different thing from financial regulation and is not evidence of it.
Is HSBC Regulated?
The licence recorded for HSBC in Hong Kong is a Securities and Futures Commission licence, number AAA523, for dealing in futures contracts. That permission covers securities and futures dealing. It is not a permission to offer retail margin forex, and HSBC does not market forex or CFD trading on its Hong Kong site. Regulation of this kind governs how a business must conduct itself, and it does not by itself say anything about the investment risk a client takes on.
HSBC Account Types
The offering splits into two layers, and both matter when comparing costs.
The banking relationship tier sets the service level and the fee waivers. HSBC One is the all-in-one integrated account, with Hong Kong dollar and foreign currency savings across twelve major currencies and no minimum balance requirement for Hong Kong ID holders. HSBC Premier and HSBC Premier Elite require minimum Total Relationship Balances of HKD1,000,000 and HKD7,800,000. Those are balances to be maintained across the whole relationship, not deposits required to start trading.
The trading arrangement then sets the brokerage. The Investment Account is free to open and maintain, with each product carrying its own fees. HSBC Trade25 charges a flat HKD25 per month, in months where the client trades or holds stocks, in place of commission and platform fees on Hong Kong, United States and China A shares, for the first HKD250,000 of cumulative monthly volume. HSBC Top Trader Club prices brokerage by monthly volume across six tiers.
HSBC Spreads, Commissions and Fees
Standard Hong Kong stock brokerage is 0.25% of the transaction amount, minimum HKD100, for orders placed through digital channels, rising to 0.50% for orders placed by phone or in a branch. Custody is HKD25 per month and dividend collection 0.5%, minimum HKD30.
Top Trader Club brokerage falls from 0.25% at the first two volume tiers to 0.18%, 0.08%, 0.03% and 0.01% as monthly volume rises, with the minimum charge per transaction dropping from HKD100 to HKD8 from the third tier. On United States stocks the standard charge is USD18 per transaction for the first 1,000 shares plus USD0.015 per share after that. China A shares are charged at 0.25%, minimum RMB100.
Currency conversion is priced through the spread on the bank's own board rates rather than a per-trade commission, with tiered spread discounts of up to 30% for Forex Club members.
HSBC Leverage
No leverage ratio is published anywhere on the Hong Kong site, because the service is not a margin forex or CFD product. Margin is available as securities lending instead: HSBC Wealth Portfolio Lending has been offered on Hong Kong stocks at rates from 2.9% a year as at September 2026, and the discounted rate requires reaching the third Top Trader Club volume tier, so it is not available at HSBC One level.
HSBC Trading Platforms
Three of HSBC's own platforms carry the investment service, and there is no MetaTrader, cTrader or third-party terminal.
HSBC HK Easy Invest, the dedicated stock-trading app for iOS and Android, with free real-time quotes, charting and technical indicators, order entry from the bid and ask queue, new-listing subscription and an exchange-traded fund screener. There is no desktop build.
HSBC HK App, the mobile banking app, which carries the wealth section used to open the investment account and to join Trade25.
HSBC Online Banking, the browser platform, carrying the full portfolio and wealth dashboard and the route to unit trusts and bonds.
HSBC Deposits and Withdrawals
Every funding route is a bank rail. There is no card, electronic wallet or cryptocurrency funding, because the trading account is funded from a bank account held with HSBC itself.
Transfers through the Faster Payment System are free and real-time in Hong Kong dollars and renminbi, by mobile number, email address, identifier or QR code, with daily limits up to HKD3,000,000 to a registered account. Local interbank transfers in Hong Kong dollars, renminbi, United States dollars and euro settle in real time and are free through online and mobile banking. Outward telegraphic transfers cost HKD70 online against HKD260 at a branch for standard personal customers, and transfers to HSBC accounts in more than twenty countries are free from HSBC One level upwards.
The pattern across the tariff is consistent. The same instruction is usually free or cheap through the app and expensive over the counter, and most charges fall or are waived as the relationship tier rises. Cash and cheque handling, demand drafts and cashier's orders are all available in branch, and Hong Kong dollar cheques drawn on HSBC or Hang Seng Bank can be deposited by photograph in the app, clearing within two business days.
HSBC Support
Personal banking hotlines are open 24 hours a day on +852 2233 3033, with live chat also available at any hour. Securities orders can be placed Monday to Friday from 8am to 4.10pm Hong Kong time. Support is offered in English, Traditional Chinese and Simplified Chinese, and the help centre is at .
HSBC Pros and Cons
The strengths are the ones a large licensed bank brings: an identifiable operating company incorporated in Hong Kong, a Securities and Futures Commission licence on record, free real-time local transfers, and two pricing programmes that take the cost of Hong Kong stock trading well below the standard 0.25%.
The limitations are structural. Trading requires a banking relationship with HSBC rather than a standalone account, the best brokerage rates and fee waivers are gated behind relationship balances measured in millions of Hong Kong dollars, branch and telephone instructions are priced far above the same instruction placed online, and there is no forex or CFD offering at all.
HSBC Review and Assessment
HSBC in Hong Kong is a bank investment service rather than a retail trading broker, and that is the single most useful thing to establish before going further. For an investor who already banks with HSBC and wants to hold Hong Kong, United States and China A shares, funds, bonds and new listings inside the same relationship, the proposition is coherent, and Trade25 in particular is inexpensive for a small portfolio. For anyone looking for leveraged currency or index trading, nothing here meets that requirement.
Before funding an account, check the cost attached to the channel rather than to the product. Pricing assumes digital instructions, and the gap between the online charge and the branch charge is large on most transfers.
Website archive
Captured
Website snapshots
8 full-page captures of HSBC's own site, archived so what they said can still be read after the pages change.
HSBC holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.
3 of 3 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
3
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
3
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
3
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
0
WIKILIX
Licence intelligence
The strongest of 3 licences on file
Licence Verification Record
Securities and Futures CommissionAAA523
Wikilix read the SFC register on Oct 14, 2026. This is what it said.
Name on the register
Hongkong and Shanghai Banking Corporation Limited, The
Asset Management (Since 26 Jul 2013; earlier closed period 01 Apr 2003 - 24 Nov 2006)
What our check found
Registration as a registered institution under the Securities and Futures Ordinance, CE number AAA523, covering dealing in securities, dealing in futures contracts, advising on securities, advising on futures contracts, advising on corporate finance, and asset management. This is the permission behind its share, futures, and investment services. Client protection: Strong. Conduct supervision by the SFC, with access to Hong Kong's Investor Compensation Fund for eligible exchange-traded claims. Effective: 17 Aug 2006.
Client protection under this licence
No compensation schemeNo mandatory insurance (but strict fund segregation)
Client money kept separate
Negative balance protection
Complaints routeSFC Complaints / FDRC
Maximum leverage1:13
These are the rules SFC sets for the firms it licenses. They are not a statement about how HSBC applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
BNBrunei DarussalamCLChileCYCyprusDKDenmarkEGEgyptFRFranceDEGermanyGRGreeceGGGuernseyINIndiaIDIndonesiaIMIsle of ManILIsraelJEJerseyKWKuwaitMYMalaysiaMTMaltaMXMexicoNZNew ZealandOMOmanPHPhilippinesPLPolandPTPortugalQAQatarESSpainSESwedenCHSwitzerlandTWTaiwanTHThailandTRTürkiyeAEUnited Arab EmiratesUYUruguay
How we know — 11 sources
1Designated countries/regions, the locations an applicant may be in to open an account: Hong Kong SAR, mainland China, Macau SAR, Australia, Canada, Singapore, UK, US, Argentina, Belgium, Bermuda, Brunei, Chile, Cyprus, Denmark, Egypt, France, Germany, Greece, Guernsey, India, Indonesia, Isle of Man, Israel, Jersey, Malaysia, Malta, Mexico, New Zealand, Oman, Philippines, Poland, Portugal, Qatar, Spain, Sweden, Switzerland, Taiwan, Turkiye, UAE, Uruguay. Published at https://www.hsbc.com.hk/ways-to-bank/mobile-apps/banking/account-opening/ (footnote 7) and repeated at https://www.hsbc.com.hk/international/banking-in-hong-kong/.
2The help centre gives the same designated list plus Brazil, Kuwait and Thailand, under 'Can I open an account in the HSBC HK App?' at https://www.hsbc.com.hk/mobile/faq/. The accepted list combines the two: 44 locations. Both pages add that 'the scope of designated countries/regions will be continuously updated and is aligned with our bank policy', so this is an open statement of where onboarding is offered and nothing is inferred to be blocked from it.
3Unresolved conflict inside that same help-centre answer: one criterion reads 'You are currently located in Hong Kong SAR, mainland China, Australia, Macau SAR, Singapore, the UK or US', while the criterion below it reads 'You're currently located in a designated country/region' with the 44-location definition. The two product pages carry the wider definition, so the accepted list follows it; the narrower line is noted here.
4Identity-document axis, kept separate because it is not a location rule: 15 passport types are supported for app account opening - Australia, Belgium, Canada, India, Ireland, Italy, Jersey, Mexico, Philippines, Singapore, South Africa, Taiwan, United Kingdom, United States of America and Vietnam (https://www.hsbc.com.hk/international/banking-in-hong-kong/). Ireland, Italy, South Africa and Vietnam appear only as passport types and not as accepted locations, so they are written to no list.
5Investment (securities) account opening is narrower than banking: the eligibility criteria are 'aged 18 or above, and live in Hong Kong, mainland China, or Taiwan' - https://www.hsbc.com.hk/investments/account-opening/. All three are already on the accepted list; the narrower product scope does not make any other place refused.
6United States: not refused. It is in the designated list, and the help centre states 'If you're a US resident, we'll ask you for more supporting documents' (https://www.hsbc.com.hk/mobile/faq/). The investment pages carry a securities-distribution disclaimer naming it - 'intended for Hong Kong residents only and should not be construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America' (https://www.hsbc.com.hk/investments/account-opening/) - which limits how securities are marketed, not who may open an account.
7No country is a confirmed refusal. The bank's own site names no country that it refuses. The standing wording is category-only and names no country - 'This website is designed for use in Hong Kong... If you are outside of Hong Kong, we may not be authorised to offer or provide you with the products and services available through this website in the country or region you are located or resident in' (https://www.hsbc.com.hk/digital/cross-border-banking/), and 'not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation' (https://www.hsbc.com.hk/legal/terms-of-use/). It names no country, so no country is listed as probably refused.
8No dedicated restricted-countries page exists. Read with no country restriction found: https://www.hsbc.com.hk/legal/terms-of-use/, https://www.hsbc.com.hk/digital/online-and-mobile-banking-terms/, https://www.hsbc.com.hk/important-notices/, https://www.hsbc.com.hk/legal/regulatory-disclosures/, https://www.hsbc.com.hk/legal/privacy-security/, https://www.hsbc.com.hk/transfer-payments/products/international/, and the help-centre FAQs for accounts, investments, transfers and payments, HSBC One, Premier and other ways to bank.
9Onboarding forms: the appointment form at https://www.hsbc.com.hk/forms/make-appointment/ has no country field at all (it selects a Hong Kong district), and the app journey cannot be read from the web. The overseas-account journey the bank links from its own page, https://internationalservices.hsbc.com/services/ico/ntb/where-to-open/, offers a 43-entry 'current location' selector plus an 'Other' option, so it is not a closed list; it adds Bahrain, Sri Lanka and Vietnam, which are in neither list because that journey covers the wider group, not Hong Kong account opening.
10Iran is neither accepted nor refused. It is named nowhere on the bank's own pages, it is not among the designated countries/regions, and the site publishes no Persian version. The site's language versions are English, https://www.hsbc.com.hk/zh-hk/ and https://www.hsbc.com.hk/zh-cn/.
11The bank's licences and regulatory filings were not consulted for this record. A filing states the jurisdictions a licence permits rather than the ones a firm refuses, so it could not set a blocked code here in any case.
Deposits & withdrawals
Funding Methods
14 ways to fund an account. 6 with no deposit fee. 6 credit instantly. The costliest way in is Cheque Deposits at HKD 5.
14 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Faster Payment System (FPS)Bank TransferHSBC does not charge for outward or inward FPS payments made through Online Banking or the HSBC HK App; other banks may charge. Transfers can be dated up to 45 days ahead. Daily limits are up to HKD3,000,000 to each registered local account and HKD400,000 to all non-registered accounts.
Free
Free
—Not recorded
—Not recorded/HKD 3,000,000
Instant
ATM DepositsBank TransferDaily ATM cash withdrawal limit is HKD80,000, and HKD40,000 by credit card cash advance. Withdrawals are free at HSBC Group ATMs in Hong Kong; HKD25 per transaction at other Hong Kong ATMs on the Visa/Plus or Mastercard/Cirrus networks and HKD15 on UnionPay; HKD20 at HSBC Group ATMs overseas, waived for HSBC Premier and above. The overseas ATM daily withdrawal limit is pre-set to zero. The HKD200,000 maximum deposit shown here could not be confirmed on HSBC's website.
—Not recorded
Free
—Not recorded
—Not recorded/HKD 80,000
Instant
Branch DepositsBank TransferBulk Hong Kong dollar note deposits are free up to 200 notes per customer per day and cost 0.25% of the amount deposited, minimum HKD55, above that. Coins paid in are free below 500 coins and cost 2% of the amount, minimum HKD55, at 500 coins or more, reduced to 1% minimum HKD30 for HSBC Premier. The HKD200,000 deposit and withdrawal maximums shown here could not be confirmed on HSBC's website.
—Not recorded
—Not recorded
—Not recorded
—Not recorded/HKD 200,000
Instant
Cheque DepositsBank TransferThe HKD5 per cheque charge is waived for HSBC Premier, HSBC Premier Elite and HSBC Global Private Banking customers. A cheque returned for insufficient funds costs HKD180 and one returned for other reasons HKD85. A cheque drawn on a bank in Shenzhen costs HKD50 in Hong Kong dollars or HKD100 in US dollars. The 5 business day processing time shown here could not be confirmed on HSBC's website.
HKD 5
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Up to 5 days
Cashier's OrdersBank TransferIssuing or repurchasing a cashier's order costs HKD80 for Personal Banking and Personal Integrated Account customers, HKD65 for HSBC One, HKD45 for HSBC Premier, and is waived for HSBC Premier Elite and HSBC Global Private Banking. The charge is waived where the repurchase follows the cheque clearing process. Losing a cashier's order costs HKD80 plus HKD331, and handling instructions not on the Bank's standard form cost a further HKD180. A cashier's order can only be credited to the named payee's account.
—Not recorded
HKD 80
—Not recorded
—Not recorded/—Not recorded
Not recorded
Direct Debit (Autopay)Bank TransferSetting up or amending an autoPay instruction is free through HSBC Mobile Banking and costs HKD50 by paper form. An instruction returned because of insufficient funds costs HKD180. autoPay works with FPS using a mobile number, email address or FPS Identifier, and payment limits can be adjusted free in the HSBC HK App. The 3 working day processing time shown here could not be confirmed on HSBC's website.
—Not recorded
Free
—Not recorded
—Not recorded/—Not recorded
Up to 3 days
Demand DraftsBank TransferHSBC waives its charge on payment of a demand draft drawn on other local banks, and on each clean bill, demand draft or clean cheque drawn on overseas banks sent for collection. A clean bill returned unpaid for any reason costs HKD180. A demand draft can only be credited to the named payee's account.
Free
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Not recorded
Gift ChequesBank TransferHKD12 per cheque for Personal Banking and Personal Integrated Account customers, HKD10 for HSBC One, and waived for HSBC Premier, HSBC Premier Elite and HSBC Global Private Banking. Gift cheques need no named payee and do not expire.
—Not recorded
HKD 12
—Not recorded
—Not recorded/—Not recorded
Not recorded
Telegraphic TransferWire TransferHKD70 per transfer through HSBC Online Banking or the HSBC HK App. At a branch the charge is HKD260 for Personal Banking and Personal Integrated Account customers, HKD230 for HSBC One, HKD210 for HSBC Premier and HKD145 for HSBC Premier Elite and HSBC Global Private Banking. An amendment, enquiry, cancellation or return costs HKD275 plus any charge levied by the overseas bank. Renminbi telegraphic transfers to HSBC Group branches in mainland China are waived. An optional flat fee of HKD150, or HKD100 through Online or Mobile Banking, covers the first charges imposed by overseas HSBC banks.
Free
HKD 70
—Not recorded
—Not recorded/—Not recorded
Not recorded
Real Time Gross Settlement (RTGS)Bank TransferThis is the rail used for US dollar and Euro domestic payments to other local banks. Free through HSBC Online Banking and HSBC Mobile Banking; at a branch the charge is HKD260 for Personal Banking and Personal Integrated Account customers, HKD230 for HSBC One, HKD210 for HSBC Premier and HKD145 for HSBC Premier Elite and HSBC Global Private Banking. Inward payments credited to an HSBC account are free. An amendment, cancellation or return costs HKD275 plus any beneficiary bank charge.
Free
Free
—Not recorded
—Not recorded/—Not recorded
Instant
HSBC Global TransfersBank TransferNot available to standard Personal Banking customers. There is a USD50,000 daily channel limit for transfers to third-party global HSBC accounts; the separate USD200,000 Global Transfers daily limit was removed on 5 July 2026. Available in HSBC Online Banking and the HSBC HK App to both self-named and third-party overseas HSBC accounts.
Free
Free
—Not recorded
—Not recorded/USD 50,000
Instant
Global Money TransfersWire TransferAvailable only on the HSBC HK Mobile Banking app. HKD70 per transfer to eligible countries and regions in local currency through Online or Mobile Banking, and waived for the higher relationship tiers; the Bank Tariff guide sets out which tier the waiver starts at.
—Not recorded
HKD 70
—Not recorded
—Not recorded/—Not recorded
Up to 1 day
eDDA Account Top-upBank TransferDeposit direction only. The daily master limit is HKD100,000 or the Renminbi equivalent, with a sub-limit of HKD or RMB10,000 per account top-up instruction. It needs a one-time setup linking your same-name accounts, is supported by FPS, and runs through HSBC Online Banking and the HSBC HK App.
Free
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Instant
Mobile Cheque DepositBank TransferNo separate fee is published for this channel; the Bank Tariff guide's general cheque deposit charge of HKD5 per cheque per customer per day applies, waived for HSBC Premier and above, so the deposit fee is left unset rather than recorded as free. The cut-off is 5:30pm on business days and clearance takes up to 2 business days. Only Hong Kong dollar cheques drawn on HSBC or Hang Seng Bank are accepted. The deposit appears in Transaction History immediately, but the funds are available only once the cheque clears.
—Not recorded
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Up to 2 days
Websites
Global Domains
7 domains on record. All active and served over HTTPS.
This recordHong Kong · since 1865· The Hongkong and Shanghai Banking Corporation LimitedWikilix score 72.0RegulationRegulatedSFCMax leverage—Not recordedPlatforms—Not recordedLicences3
An investment account requires an existing HSBC integrated banking account, an age of at least 18, and residence in Hong Kong, mainland China or Taiwan, together with proof of address. It is opened in the wealth section of the HSBC HK App in six steps and is free to open and maintain.
Trading is not offered as a standalone account, so the banking relationship comes first, and the relationship tier a client holds then determines the brokerage rates and fee waivers available.
Yes, as securities margin lending rather than as leveraged forex. HSBC Wealth Portfolio Lending has been offered against Hong Kong stocks at rates from 2.9% a year as at September 2026, priced off one-month HIBOR.
The discounted rate is not open to everyone: it requires reaching the third Top Trader Club trading tier, so it is not available at HSBC One level or below. No leverage ratio is published for it.
Faster Payment System transfers and local real-time gross settlement transfers are instant, and so are cash deposits at a cash deposit machine or over the counter. Electronic direct debit top-ups from accounts at other local banks are immediate as well.
Global Money Transfers to more than 50 countries can arrive in as little as one working day. Cheques deposited by photograph in the app clear within two business days, with a 5.30pm cut-off on business days, and the deposit appears in transaction history straight away even though the funds are only available once the cheque clears.
It depends almost entirely on the channel. Faster Payment System transfers and local real-time interbank transfers are free through online and mobile banking, and inward telegraphic transfers credited to an HSBC account are free. Cash withdrawals are free at HSBC Group ATMs in Hong Kong, and HKD25 per transaction at other Hong Kong ATMs on the Visa or Mastercard networks.
The same instruction placed over the counter costs much more: a local interbank transfer is HKD260 at a branch against free online, and an outward telegraphic transfer is HKD70 online against HKD260 at a branch. Foreign currency note deposits and withdrawals above a daily threshold cost 0.25% of the whole amount, and most charges fall or are waived as the relationship tier rises.
Hong Kong, United States and China A shares, plus unit trusts, bonds and certificates of deposit, structured products, warrants and CBBCs, new listings and gold, including the HSBC Gold Token.
Two markets need extra paperwork. United States stocks require a market data agreement and a W-8BEN form, and China A shares require a renminbi savings account and non-US person status.
Top Trader Club is a volume-based brokerage programme with six tiers. Brokerage is 0.25% at the first two tiers, then 0.18% above HKD10,000,000 of monthly volume, 0.08% above HKD20,000,000, 0.03% above HKD30,000,000 and 0.01% above HKD40,000,000. The minimum charge per transaction falls from HKD100 to HKD8 from the third tier.
It also pays interest on uninvested cash through one-month Hong Kong dollar time deposits, rebates the safe custody fee, and gives access to HSBC's own research. A joining offer running to 28 February 2027 gives preferential brokerage of 0.03% to Premier Elite customers and 0.08% to Premier customers.
Trade25 charges a flat HKD25 per month in place of commission and platform fees on Hong Kong, United States and China A shares. The HKD25 is only charged in a month where the client trades or holds stocks, and the zero-commission benefit applies to the first HKD250,000 of cumulative trading volume each calendar month.
It is designed for ages 18 to 25, extended to age 35 until 31 December 2026. Customers aged 26 and above must complete 25 or more stock transactions each calendar year to stay in it. It is joined in the HSBC HK App or the HSBC HK Easy Invest app.
Standard brokerage is 0.25% of the transaction amount with a minimum of HKD100 for orders placed through digital channels, rising to 0.50% for orders placed by phone or in a branch. Custody is HKD25 per month and dividend collection 0.5%, with a minimum of HKD30.
Two programmes reduce that. HSBC Trade25 replaces commission and platform fees with a flat HKD25 per month, and Top Trader Club prices brokerage by monthly volume, down to 0.01% at the top tier.
Three platforms, all HSBC's own. HSBC HK Easy Invest is the dedicated stock-trading app for iOS and Android, with free real-time quotes, charting and technical indicators, order entry from the bid and ask queue, new-listing subscription and an exchange-traded fund screener. It has no desktop build.
The HSBC HK App is the mobile banking app and carries the wealth section used to open the investment account, and HSBC Online Banking is the browser platform with the full portfolio dashboard. There is no MetaTrader, cTrader or other third-party terminal.
The operating company is The Hongkong and Shanghai Banking Corporation Limited, incorporated in Hong Kong under company number 0263876, with a registered address at 1 Queen's Road Central, Central, Hong Kong. The bank was founded in Hong Kong in 1865.
A company registration is a corporate record and is not financial regulation. The licence recorded for the Hong Kong securities business is a separate Securities and Futures Commission entry, number AAA523.
No. HSBC's Hong Kong site markets no retail forex or contract-for-difference account, and publishes no leverage cap, spread or execution model of the kind a margin broker would. Currency exchange is offered as a banking service priced through the bank's own board rates, not as leveraged trading.
What can be traded is a bank investment range: Hong Kong, United States and China A shares, unit trusts, bonds and certificates of deposit, structured products, warrants and CBBCs, new listings and gold.
Personal banking hotlines are open 24 hours a day on +852 2233 3033, and live chat is available around the clock. WhatsApp is available on +852 2233 3000, and the help centre is at .
Support is offered in English, Traditional Chinese and Simplified Chinese. Securities orders can be placed Monday to Friday from 8am to 4.10pm Hong Kong time. The company's registered address is 1 Queen's Road Central, Central, Hong Kong, and the contact address published for enquiries is the V Heun Building, 128-140 Queen's Road Central.
HSBC publishes no leverage ratio for its Hong Kong investment service, because the service is not a margin forex or contract-for-difference product. No maximum leverage of the kind a forex broker advertises applies to it.
Margin is offered instead as securities lending: HSBC Wealth Portfolio Lending has been available against Hong Kong stocks at rates from 2.9% a year as at September 2026. The discounted rate requires reaching the third Top Trader Club volume tier, so it is not available at HSBC One level.
HSBC publishes no minimum deposit for its investment account, which is free to open and maintain, and HSBC One carries no minimum balance requirement for Hong Kong ID holders. Investing can start from HKD100 through the FlexInvest fund service.
What the higher tiers require is a balance rather than a deposit: HSBC Premier asks for a minimum Total Relationship Balance of HKD1,000,000 and HSBC Premier Elite for HKD7,800,000, maintained across the whole relationship with the bank.
Every route is a bank rail. HSBC supports the Faster Payment System for free real-time Hong Kong dollar and renminbi transfers, real-time gross settlement for local interbank transfers in Hong Kong dollars, renminbi, US dollars and euro, outward and inward telegraphic transfers, HSBC Global Transfers and Global Money Transfers for international payments, direct debit by autoPay, electronic direct debit top-ups from accounts at other local banks, and cash, cheque, demand draft and cashier's order handling at branches and machines.
There is no credit or debit card funding, no electronic wallet and no cryptocurrency: the account is funded from a bank account held with HSBC. Faster Payment System and real-time gross settlement transfers arrive instantly, mobile cheque deposits clear within two business days, and Global Money Transfers can arrive in as little as one working day.
The licence recorded for HSBC in Hong Kong is a Securities and Futures Commission licence, number AAA523, covering dealing in futures contracts. The Securities and Futures Commission is Hong Kong's statutory securities regulator, and its regime requires client assets to be segregated, although Hong Kong has no mandatory client fund insurance scheme behind that.
Two further licence entries are recorded for other parts of the group: an Australian licence numbered 232595 and a Labuan market-making licence with no number recorded. Neither governs an account opened in Hong Kong.
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